Cloud Banner

Healthcare

Image

Global Aneurysm Clips Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Aneurysm Clips Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 4.75% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 907.86 Million
Diagram Market Size (Forecast Year) USD 1315.99 Million
Diagram CAGR 4.75%

Global Aneurysm Clips Market, By Material Type (Titanium, Cobalt, Others), Aneurysm Type (Cerebral, Thoracic, Abdominal, Peripheral), Indication (Saccular Aneurysms and Fusiform Aneurysm), Disease Indication (Tumour and Brain Cancer, Brain Arteriovenous Malformations, Ischemic Stroke, Brain Aneurysm, Others), End User (Hospitals, Cardiac Centers, Specialty Clinics, Research Centers, Others) – Industry Trends and Forecast to 2029.

Aneurysm Clips Market Analysis and Size

The aneurysm clips market is anticipated to grow over the forecast period due to increased demand for the clips in surgical operations and the usage of improved titanium alloys in the clips. Additionally, the clips have a thin blade shape and are MRI compatible, protecting tissue integrity. During the forecast period, stable growth in unit offers of titanium aneurysm clips is anticipated to increase.

Data Bridge Market Research analyses that the aneurysm clips market which was USD 907.86 million in 2021, would rocket up to USD 1315.99 million by 2029, and is expected to undergo a CAGR of 4.75% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Aneurysm Clips Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Material Type (Titanium, Cobalt, Others), Aneurysm Type (Cerebral, Thoracic, Abdominal, Peripheral), Indication (Saccular Aneurysms and Fusiform Aneurysm), Disease Indication (Tumour and Brain Cancer, Brain Arteriovenous Malformations, Ischemic Stroke, Brain Aneurysm, Others), End User (Hospitals, Cardiac Centers, Specialty Clinics, Research Centers, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), Medtronic (Ireland), Abbott (U.S.), KLS Martin Group (Germany), inomed Medizintechnik GmbH (Germany), Integra LifeSciences (U.S.), Mizuho Bank, Ltd. (Japan), Stryker (U.S.), RAUMEDIC AG (Germany), Cyberonics (U.S.), Codman & Shurtleff (U.S.), St. Jude Medical (U.S.), Ortho-Medical GmbH (Germany), Peter LAZIC GmbH (Germany), Adeor Medical AG (Germany)

Market Opportunities

  • Increasing adoption of cerebral aneurysm clips due to technological evolution.
  • Rising incidences of cerebral aneurysm.
  • Favorable reimbursement policies

Market Definition

Aneurysm is an abnormal, localised balloon-like growth that causes the blood artery walls to bulge outward. Any blood artery is susceptible to aneurysms. Aneurysms commonly affect brain, thoracic aorta, and belly blood vessels. Aneurysm clips are implantable medical devices that are only used to isolate and close veins or arteries caused by isolated aneurysms in people. Application of an aneurysm clip(s) parallel to the long axis of the parent artery limits stress on the arterial wall at the neck and increases the likelihood that the entire neck is obliterated, which limits the need for additional clip application.

Aneurysm Clips Market Dynamics

Drivers

  • Rise in ageing popultion

The market is anticipated to be driven by an ageing population, technical improvements in this industry, an increase in intracranial aneurysm ruptures, and the availability of biocompatible aneurysm clips in a range of shapes and sizes throughout the forecast period.

  • Increasing aneurysm incidence

The rising aneurysm incidence is the major growth factor for the global aneurysm clips market. A localised dilation or swelling of a blood artery is a medical disorder known as an aneurysm. Around 6% of persons 65 and older, according to the world health organization (WHO), have an abdominal aortic aneurysm (AAA). In those 85 years and older, this percentage rises to 15–20 percent. Thus, it is anticipated that the need for aneurysm clips will increase in the approaching years due to the ageing population base.

  • Increase in demand of aneurysm clips

Patients and medical professionals are becoming more aware of the many aneurysm treatment options available. Due to this, surgical treatments for certain conditions like clipping, coiling, and stenting have seen an increase in acceptance rates. As a result, it is anticipated that demand for aneurysm clips would increase in the upcoming years.

Opportunities

  • Technological advancements

Especially in terms of miniaturisation and portability technologies like clip appliers/tipsters that can be used laparoscopically or endoscopically without making significant incisions on a patient's body surface area, the global market for aneurysm clips is experiencing rapid technological advancements. Over the forecast period, such technological developments are likely to increase demand for aneurysm clips.

Restraints/Challenges

  • Stringent regulations

On the other hand, stringent norms to ensure bio magnetic compatibility to avoid unfavorable incidence and boost patient safety will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the market.

This aneurysm clips market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aneurysm clips market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Aneurysm Clips Market

The COVID-19 pandemic had a detrimental influence on the market for cerebral aneurysm clips because of limitations on the number of general surgical procedures that could be performed globally at one time. The number of procedures recommended for patients who do not have COVID-19 has also been impacted by the closure of numerous departments at numerous hospitals throughout the world due to a lack of available staff. Furthermore, it is anticipated that patients with COVID-19 will rush to devote important resources to their care.

Global Aneurysm Clips Market Scope

The aneurysm clips market is segmented on the basis of type, material type, aneurysm type, indication, disease indication and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Titanium
  • Cobalt
  • Others

Material Type

  • Titanium
  • Cobalt
  • Others

 Aneurysm Type

  • Cerebral
  • Thoracic
  • Abdominal
  • Peripheral

 Indication

  • Saccular Aneurysms
  • Fusiform Aneurysm

 Disease Indication

  • Tumour and Brain Cancer
  • Brain Arteriovenous Malformations
  • Ischemic Stroke
  • Brain Aneurysm
  • Others

 End User

  • Hospitals
  • Cardiac Centers
  • Specialty Clinics
  • Research Centers
  • Others

Aneurysm Clips Market Regional Analysis/Insights

The aneurysm clips market is analysed and market size insights and trends are provided by country, type, material type, aneurysm type, indication, disease indication and end user as referenced above.

The countries covered in the aneurysm clips market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the aneurysm clips market due to high adoption of surgical clips in aneurysm treatment.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to Japan, China and India expansion in robust place.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The aneurysm clips market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for aneurysm clips market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the aneurysm clips market. The data is available for historic period 2010-2020.

Competitive Landscape and Aneurysm Clips Market Share Analysis

The aneurysm clips market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aneurysm clips market.

Some of the major players operating in the aneurysm clips market are:

  • B. Braun Melsungen AG (Germany)
  • Boston Scientific Corporation (U.S.)
  • Medtronic (Ireland)
  • Abbott (U.S.)
  • KLS Martin Group (Germany)
  • inomed Medizintechnik GmbH (Germany)
  • Integra LifeSciences (U.S.)
  • Mizuho Bank, Ltd. (Japan)
  • Stryker (U.S.)
  • RAUMEDIC AG (Germany)
  • Cyberonics (U.S.)
  • Codman & Shurtleff (U.S.)
  • St. Jude Medical (U.S.)
  • Ortho-Medical GmbH (Germany)
  • Peter LAZIC GmbH (Germany)
  • Adeor Medical AG (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The aneurysm clips market value is projected at USD 1315.99 million by 2029.
The aneurysm clips market is projected to grow at a CAGR of 4.75% during the forecast period of 2022-2029.
The significant factors flourishing the growth of the Aneurysm Clips Market are the rise in ageing popultion, & Increase in demand of aneurysm clips.
The major players operating in the Aneurysm Clips Market are B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), Medtronic (Ireland), Abbott (U.S.), KLS Martin Group (Germany), inomed Medizintechnik GmbH (Germany), Integra LifeSciences (U.S.), Mizuho Bank, Ltd. (Japan), Stryker (U.S.), RAUMEDIC AG (Germany), Cyberonics (U.S.), Codman & Shurtleff (U.S.), St. Jude Medical (U.S.), Ortho-Medical GmbH (Germany), Peter LAZIC GmbH (Germany), Adeor Medical AG (Germany).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials